Wednesday, January 16, 2013

Rail staff threaten to go on strike

The union represents approximately 13 lakh of the total 14 lakh rail employees.
Railway employees had last gone on a strike in 1974 during late Lalit Narain Mishra's tenure as the railways minister -with the strike lasting 28 days. At the time, as many as 56,000 employees were removed and 4, 96,000 employees suffered a 'break-in-service'.
Reports in past months have suggested that the Railways are willing to sell-off 10% shares of profit-making PSUs, including IRCON and RITES. The Siemens have also been interested in entering into a joint venture with the state-owned Rail Coach Factory at Kapurthala


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